Amid the planned revival of different initiatives under the China-Pakistan Economic Corridor (CPEC) framework, the federal government has proposed around… Read More
USAID to Give Pakistan $445 Million in Next 5 Years
Dr. Kazim Niaz, Secretary Economic Affairs Division, Government of Pakistan, and Reed Aeschliman, USAID Mission Director to Pakistan, signed a… Read More
Rupee Slides 4th Day in a Row Against US Dollar
The Pakistani rupee dropped 4th day in a row against the US Dollar during intraday trade today after opening trade… Read More
RCCI Seeks Tax Rebates for Overseas Pakistanis in FY2023-24
The Rawalpindi Chamber of Commerce and Industry (RCCI) has urged the Government to incentivize foreign remittances in the form of… Read More
Govt to Tax Industrial Units Located in Ex-FATA Region From July 1
The government has decided to impose taxes on the industrial units of iron/steel, plastics, ghee, textile, and other sectors located… Read More
Govt to Undertake Rs. 5 Billion Program to Support IT Startups
The federal government has decided to undertake a Rs. 5 billion program under the next fiscal year’s (FY24) Public Sector… Read More
Rupee Down 3rd Day in a Row Against US Dollar As Pressure Mounts
The Pakistani rupee lost further ground against the US Dollar during intraday trade today after opening trade at 286.2 in… Read More
SECP Grants NOC for Launching 4 VPS Fund Schemes for KP Govt Employees
The Securities and Exchange Commission of Pakistan (SECP) has granted no objection certificates (NOCs) on the trust deeds of four… Read More
Oil Sector Warns Against Govt Plan to Import Fuel on Behalf of Foreign Supplier
The oil industry has serious concerns about the government’s intention to import oil on behalf of international suppliers through custom… Read More
Pakistan Trying Hard to Reach An Agreement With IMF Before Budget Day
Pakistan is trying to get the remaining $2 billion in external financing to fulfill the highly contentious $6 billion funding… Read More
Another Day Another Estimate, First Ever Russian Oil Cargo to Arrive This Sunday
The cargo ship carrying 100,000 tons of Russian crude will now arrive at the Omani port of Duqm on June… Read More
Govt Struggles to Determine Indicative Budget Ceiling for Development Funds in FY2023-24
The federal government has faced several challenges in the formulation of the Indicative Budget Ceiling (IBC) of Ministries/Divisions for Public… Read More
